The global market for advanced driver assistance systems has grown substantially in recent years, the market size has grown from USD 1.05 billion in 2010 to about 4.3 billion in 2014.
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Research on Global & China Advanced Driver Assist Systems (ADAS) Industry,2015
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Research on Global & China Advanced
Driver Assist Systems (ADAS)
Industry,2015
2. Research on Global & China Advanced
Driver Assist Systems (ADAS)
Industry,2015
Overview
The global market for advanced driver assistance systems has grown
substantially in recent years, the market size has grown from USD 1.05
billion in 2010 to about 4.3 billion in 2014.
Currently most major ADAS technologies attracting less than 10%
penetration rates, but in the near future, park assist system (PAS), lane
departure warning system (LDWS) and Blind-Spot Detection (BSD)
would be the first three ADAS applications to reach more than 10%
penetration rates. In terms of different areas, in 2014 the largest
penetration rates of ADAS was still in Europe with a penetration rates
around 9.86%.
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anesthetic-industry-2015
3. Research on Global & China Advanced
Driver Assist Systems (ADAS) Industry,
2015
Globally ADAS manufacturers concentrated in Europe, America
and Taiwan. Denso, Delphi, Bosch and Continental are the leaders
in this market. Leading manufacturers mainly invest in ACC and
BSD, and Hella spend the most on BSD. In 2014, Continental
ranked 1st in the global ADAS market with a market share over
17%.
The before market of Chinese ADAS market rose just in recent
years. Currently all major automobile companies have models
equipped with ADAS. Most of the automobile joint ventures in
China still using foreign companies’ mature technologies. In 2014,
the market size of Chinese ADAS market was about USD 1200
million, and LCA and PAS obtained the highest configuration rate.
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4. Research on Global & China Advanced
Driver Assist Systems (ADAS) Industry,
2015
In recent years some traditional automotive electronics
manufacturers in China have introduced their own ADAS
products, but most of these products were aim at
aftermarket, only 4 of them entered the before market.
INVO Automotive Electronics is a leading ADAS
manufacturer in China. More than 60% of its revenue
comes from LDW & anti-collision products. INVO is the
LDW supplier of Changan Automobile and BAIC Motor
and the Panorama Assist supplier of GAC Group.
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